New Report Underscores the U.A.E.’s Emergence as a Hub for Entrepreneurs
and Startups; Highlights Opportunities for U.S. Investors

March 20, 2017 02:00 AM Eastern Daylight Time

WASHINGTON--(EON: Enhanced Online News)--The U.S.-U.A.E. Business Council and the Trade and Commercial Office of
the U.A.E. Embassy in Washington, D.C. have released a groundbreaking report
titled “The Entrepreneurial Emirates: The U.A.E.’s Startup Ecosystem and
Opportunities for U.S. Investors.”

“The Entrepreneurial Emirates: The U.A.E.’s Startup Ecosystem and
Opportunities for U.S. Investors.”

The first-of-its kind report details how the U.A.E. has long served as a
magnet for regional entrepreneurs who are seeking to start or scale
businesses. This is particularly true for businesses in the e-commerce
sector, where the country has given rise to blockbuster successes such
as Souq.com.

This trend shows no signs of abating. The U.A.E. provides startups with
a business-friendly environment with low taxes and relatively favorable
regulations. The country also offers strong government backing of SMEs
as well as numerous co-working spaces, incubators, accelerators,
training programs, and networking opportunities to get new businesses
off the ground. In addition, it presents avenues to raise capital from a
large and growing number of venture capital firms, private equity firms,
and angel investors.

“There has never been a better time for startups to establish operations
and investors to access deal flow in the U.A.E.,” according to U.A.E.
Commercial Counselor Saud Al Nowais.

According to Al Nowais, enterprising U.S. investors looking to enter
this space will find numerous startups that are set up to succeed by
strong underlying economic currents and a supportive ecosystem. They
will also find a demand for venture capital and attractive valuations
for promising ventures. Finally, they will enjoy a business-friendly
environment in which to establish operations, forge investment
partnerships, and access intriguing opportunities in the wider Middle
East Africa South Asia (MEASA) region.

U.S.-U.A.E. Business Council President Danny Sebright notes, “These
opportunities are only increasing as attitudes and philosophies toward
venture capital rapidly shift for the better and as legal and business
reforms accelerate in the U.A.E. and the wider Gulf region.”

A complete copy of the “Entrepreneurial Emirates” report can be found here.
Additional information can also be found at a new website, www.investuae.com,
which provides a high-level overview of the benefits the U.A.E. provides
both startups and investors.

Contacts

U.S.-U.A.E. Business CouncilAbad Allawi, (202) 863-7288

Release Summary

The U.S.-U.A.E. Business Council & the Trade and Commercial Office of the U.A.E. Embassy in Washington release a new report highlighting The U.A.E.’s startup Ecosystem & Opportunities for US Investors